MAAX Financial Statements From 2010 to 2024
| MAAX Etf | USD 20.72 0.00 0.00% |
Check MAAX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MAAX main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . MAAX financial statements analysis is a perfect complement when working with MAAX Valuation or Volatility modules.
MAAX |
MAAX ETF One Year Return Analysis
MAAX's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current MAAX One Year Return | (16.93) % |
Most of MAAX's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MAAX is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
CompetitionBased on the recorded statements, MAAX has an One Year Return of -16.93%. This is 225.58% higher than that of the VanEck family and significantly lower than that of the High Yield Muni category. The one year return for all United States etfs is notably higher than that of the company.
About MAAX Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include MAAX income statement, its balance sheet, and the statement of cash flows. MAAX investors use historical funamental indicators, such as MAAX's revenue or net income, to determine how well the company is positioned to perform in the future. Although MAAX investors may use each financial statement separately, they are all related. The changes in MAAX's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MAAX's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on MAAX Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MAAX. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its total assets in investments the income from which is exempt from U.S. federal income tax . Vaneck Muni is traded on BATS Exchange in the United States.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the MAAX information on this page should be used as a complementary analysis to other MAAX's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of MAAX is measured differently than its book value, which is the value of MAAX that is recorded on the company's balance sheet. Investors also form their own opinion of MAAX's value that differs from its market value or its book value, called intrinsic value, which is MAAX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MAAX's market value can be influenced by many factors that don't directly affect MAAX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MAAX's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAAX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAAX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.